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by tristanm
2584 days ago
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It's interesting that in order for his pitch to work (if you invest in OpenAI, you will get up to 100x returns), assuming they do build AGI, it still requires that their AGI acquires a very stable, virtually guaranteed advantage of large magnitude. This very strongly requires that they cannot share anything they discover whatsoever. Especially since they apparently plan on using it to make strategic investments to beat the market by a huge margin. That would mean they obtain information (about the economy, world affairs, technology, the future, etc.) not possessed by anyone else, or that information would be reflected in the market already. Any information leakage, whether regarding their AI or whatever it learns about the world, would compromise that advantage. In other words, what Altman says about "we can't only let one group of investors have that" can't be true, or at least not sincere. The more investors who have access to it, the more its returns get distrubuted across society more evenly (which would be a good thing, obviously), but lowers the incentive for initial investments. They will want to keep it contained within a small group of investors for as long as possible. |
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(Then after another X years (or decades) you might figure out super intelligence, if regulations haven't intervened by then)
If the trajectory is incremental as described, it seems untenable that OpenAI could keep some major monopolistic advantage on AGI, without being completely un-open/sealed off for decade(s).